Mariner Finance Personal Loans Review (2026)

Our take on Mariner Finance

If you’re having a hard time qualifying for a personal loan because of credit problems, Mariner Finance is worth considering. Not only does this lender consider borrowers who’ve filed bankruptcy, it also accepts cosigners and offers secured loans. Just know you’ll likely pay a hefty interest rate, and loans are capped at $25,000. If you have good credit (a 670 FICO score or higher), you’re likely to find lower rates and larger loan amounts with another lender.

Mariner Finance personal loan features

Who (or what) is Mariner Finance best for? 

• Borrowers with credit problems, including past bankruptcy: Mariner Finance doesn't disclose a minimum credit score requirement, but its lenient eligibility guidelines could make it a viable option for people with bad credit (a FICO score below 580). For example, Mariner considers applicants who have filed for bankruptcy. It also allows applications with cosigners and offers secured loans — either can make it easier to qualify with bad credit.
• In-person service: Mariner Finance has branches in 27 states, meaning you can complete the application and get customer support in person. In an increasingly digital financial landscape, face-to-face service isn’t typically available from non-bank lenders. 

Who (or what) is Mariner Finance not best for?

• Borrowers with good or excellent credit: Interest rates at Mariner Finance start at 16% — more than double that of the lowest-rate personal loan lenders. If you have the credit and finances to qualify, you can probably find a much better deal with another lender like Achieve, LightStream, or LendingClub.
• Borrowers who want an entirely online experience: Mariner Finance's website says that not all applicants will qualify for an "end-to-end" online loan application. Some applications may need to be completed at a branch office, depending on your qualifications or the amount you want to borrow. The maximum online loan available from Mariner Finance is $12,000. (You could potentially borrow up to $25,000 via a branch office.)

Pros and cons

Details on the pros 

• In-person customer service: Many lenders operate online only, but Mariner Finance has branches across 27 states. You have the option of applying online or in person and can visit a branch with questions about loan servicing.
• Cosigned and secured loans available: Many personal loans are unsecured, meaning you don’t need to put up collateral to qualify — but lenders have stricter credit and income requirements for unsecured loans. Mariner Finance offers a secured option, which may help you qualify for a lower interest rate or higher borrowing limit.
• 15-day satisfaction guarantee: If, for some reason, you change your mind regarding your personal loan, you can repay it within 15 days and have all finance charges waived.
• May qualify with bankruptcy: Mariner Finance considers applicants who have filed bankruptcy. 
• Borrow as little as $1,000: Some personal loan lenders have borrowing minimums of around $5,000. But with Mariner Finance, you can borrow as little as $1,000.

Details on the cons

• High interest rates: You probably won’t get a great deal with Mariner Finance, as interest rates start at 16%. That’s more than twice the lower limit of some competing lenders.
• Not available in all states: Mariner Finance is only licensed to provide loans in 28 states (and has branches in 27). 
• Limitations on online loans: Some applications may not be able to be completed entirely online, requiring a visit to a branch office to finish the application. 
• Low loan maximum: Mariner Finance loans are capped at $25,000, which is half as much as many competitors’ limits. 

How to qualify for a Mariner Finance personal loan

Mariner Finance doesn’t share specific eligibility requirements, such as a minimum credit score. However, the lender does mention needing to provide the following during the application process:

• A valid government-issued photo ID
• Proof of residence
• Proof of income
• Recent tax return and copy of bank statements if self-employed

The lender considers income, debt obligations, and collateral in addition to your credit history when reviewing your application.

While personal loans are versatile, there are a few prohibited purposes. They typically include business or commercial use, postsecondary education expenses, securities, gambling, and illegal purposes.

Mariner Finance fees and penalties

Mariner Finance’s website isn’t very clear about the fees they charge. A rates and fees document for the state of New Mexico implies that these fees vary by state, but that you might face the following charges: 

• Loan processing (origination) fee 
• Late payment fees
• Legal fee
• Title fee and recording fee (for secured loans)

Mariner Finance doesn’t charge prepayment penalties. That means you can pay off your loan ahead of schedule without worrying about additional fees.

Mariner Finance vs. other lenders

Mariner Finance company details and history

Based in Baltimore, Maryland, Mariner Finance is a finance company offering personal and auto loans. While not a bank, the company offers loans through WebBank, an FDIC-insured institution. Mariner Finance has branches in 27 states, and you can search for a location on the company website. 

Contact information

If you have questions about your Mariner Finance personal loan, you have several ways to get in touch:

• In person
• By phone: 800-999-0334
• By email: [email protected]

The company answers calls and emails during business hours, Monday through Friday from 8:30 a.m. to 7 p.m. ET.

If you choose to make payments by mail, address them to:

Mariner Finance, LLC
PO Box 44490
Baltimore, MD
21236

You can also access your account details, make payments, find a branch, and more using Mariner Finance’s mobile app, which is available in the App Store and Google Play.

Methodology

Credible evaluated 32 lenders across 1,216 data points to choose the best lender overall plus top picks for different borrowers and use cases. Across lenders, we collected data on customer experience and service options, minimum and maximum fixed interest rates, minimum and maximum loan amounts, funding times, loan terms, fees, discounts, third-party reviews, and more.

We assigned a numerical value to each attribute based on how that feature compared with the same feature for every other lender in the set. Attributes were grouped into categories, scores were compiled, and categories were weighted according to their relative importance — for instance, rates and fees were weighted highest since loan cost is among the most important factors in determining loan value.

• Rates and fees: 18.75%
• Eligibility and options for bad and no credit: 17.5%
• Availability: 12.5%
• Loan amounts and terms: 10%
• Customer satisfaction: 10%
• Customer service: 10%
• Efficiency and fund delivery: 10%
• Discounts: 7.5%
• Credible proprietary data: 3.75%

We also considered each of our partner lenders' statistics over a 12-month period — including average funding times, average credit scores for approved applicants, and average rates. Learn more about how Credible rates lenders by exploring our full personal loans lender rating methodology.